Nasdaq Moves to Delist NusaTrip; Trading Suspension Set for August 12
NUTR has more than doubled off its 52-week low of $3.4.
Summary
Nasdaq has formally determined to delist NusaTrip, citing multiple violations and public interest concerns. The Company will not appeal and will move to the OTC market. Trading suspension begins August 12, 2026.
Key Events · Legal and Risk Events · NUTR
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Nasdaq Issues Final Delisting Determination
On August 3, 2026, Nasdaq notified NusaTrip that it will delist the Company's securities, citing the SEC's October 2025 trading suspension for potential manipulation, failure to file its 2025 10-K and Q1 2026 10-Q, and public interest concerns related to the Chapter 11 bankruptcy of 78% voting-power holder Society Pass.
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Trading Suspension Date Set
Unless appealed by August 10, 2026, trading of NUTR will be suspended at the opening of business on August 12, 2026, and a Form 25-NSE will be filed to remove the securities from Nasdaq.
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Company Will Not Appeal; OTC Move Planned
NusaTrip does not intend to appeal the delisting determination and will seek quotation of its common stock on the Over-the-Counter Market.
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Bankruptcy of Controlling Shareholder Adds Uncertainty
Society Pass Incorporated (SOPA), which controls 78% of NusaTrip's voting power, filed for Chapter 11 bankruptcy on May 14, 2026, subjecting the controlling stake to an uncertain bankruptcy process and raising public interest concerns.
Analysis · NUTR · Energy & Transportation
A final delisting determination from Nasdaq marks a thesis-altering event for NusaTrip. The exchange cites the SEC's trading suspension over potential manipulation, the Company's failure to file its 2025 10-K and Q1 2026 10-Q, and public interest concerns tied to the Chapter 11 bankruptcy of 78% voting-power holder Society Pass. With no appeal planned, the stock will shift to the OTC market, and trading will be suspended on August 12, 2026. The loss of Nasdaq listing is likely to trigger forced selling by institutional holders and a severe reset in liquidity and valuation.
At the time of this filing, NUTR was trading at $9.00 on NASDAQ in the Energy & Transportation sector, with a market capitalization of approximately $169.4M. The 52-week trading range was $3.40 to $42.45. This filing was assessed with negative market sentiment and an importance score of 10 out of 10.